LESSOR LIABILITY. Except in cases of Lessor’s negligence or as otherwise provided by law, the Lessor shall not be liable to the Lessee, his/her family, invitees, agents, employees, or guests for any damage to persons or property caused by act or omissions of other Lessees or other persons, whether such persons be off the property of Lessor or on the property with or without permission of Lessor, nor shall Lessor be liable for losses or damage from theft, fire, water, rain, storm, explosion, sonic boom, or other cause whatsoever; nor, to the extent allowed by law, shall Lessor be liable for losses or damages from failure, interruption or malfunction in the utilities provided to Lessee under this lease; nor, to the extent allowed by law, shall Lessor be liable for injuries in or around the recreational facilities or elsewhere on the premises. Further, Lessor shall not be liable for any defects in the premises or damage caused by such defects, if the defects are unknown to the Lessor. Lessee agrees to obtain personal property and Renter’s insurance for the benefit of Lessee and Lessor as an addition coinsured.
LESSOR LIABILITY. It is expressly agreed and understood by the lessee that the lessor shall not be held liable for any damages or injury, which may be sustained by the lessee or other person, caused by water, fire, Acts of God, the elements, theft, negligence or improper conduct by other persons, other tenants, their agents, or employees. Lessor assumes no responsibility for theft of personal items, clothing, valuables, or any other personal property. Private renters insurance is recommended.
LESSOR LIABILITY. Notwithstanding any other provision of this Lease, in no event shall Lessor be liable to Lessee for any consequential damages or any damages to Lessee's business or lost profits. Furthermore, all liability of Lessor under the Lease shall be limited to Lessor's interest in the Premises. Lessor's interest in the Premises shall be deemed to include any proceeds of any insurance policy held by Lessor relating to the Premises. No recourse shall be had by Lessee for any reason to any assets of Lessor, or Lessor's partners, other than Lessor's interest in the Premises.
LESSOR LIABILITY. If the Realized Value of the Equipment exceeds the Estimated Residual Value thereof, and provided that Lessee is not then in default under the Lease, Lessor shall pay to Lessee, as an adjustment to the rent payable under the Lease, an amount equal to 100% of such excess, but only to the extent Lessor actually receives the Realized Value in available funds.
LESSOR LIABILITY. Members will only attempt to hold the Lessor, who has provided an aircraft per the Lease Agreement, liable if it has been shown by the FAA or NTSB that he or she knowingly provided an aircraft that was not airworthy or, when he or she was responsible for maintenance of the aircraft per the Lease Agreement, knowingly failed to maintain the aircraft in an airworthy condition. The suing party agrees to pay all legal expenses and reasonable personal time of the Lessor if the suit fails.
LESSOR LIABILITY. Neither Lessor nor Property Owner shall not be liable for damage to the Lessee(s) or to any person claiming through Lessee(s) (nor shall rent be abated) for injury to person(s) or damage to or loss of property for any person acting with actual or implied permission of the Lessee(s).
LESSOR LIABILITY. Lessee covenants and agrees that, if Lessor is a partnership or corporation, any claims that Lessee may have now or hereafter against Lessor shall be asserted against, and satisfiable only out of the assets of the Lessor partnership or corporation, as may be the case, and not from any of the personal assets of any of the individual partners, officers, directors or stockholders of Lessor, and Lessee hereby waives and releases each of the individual partners, officers, directors and stockholders, now or hereafter existing in Lessor's partnership or corporation, as may be the case, together with their estates, representatives and assigns.
LESSOR LIABILITY. In any and all events, Lessee agrees that Lessor shall not be personally liable for its obligations under this Lease and Lessee shall look solely to the interests of Lessor in the Premises, including the rents, profits and proceeds therefrom, for satisfaction of any of Lessor’s obligations hereunder.
LESSOR LIABILITY. Lessor shall not under any circumstances be liable to Lessee for its inability to deliver possession of the Demised Premises to Lessee as of the Commencement Date by reason of (a) the retention of the Demised Premises or any part thereof by any other person; (b) the fact that the renovation of any buildings included in the Demised Premises is not complete and ready for occupancy; or (c) any cause beyond Lessor's immediate control.
LESSOR LIABILITY. Not withstanding anything to the contrary herein, neither Lessor, nor any director, officer, member, trustee or director, indirect beneficial owner of Lessor or of any parent or other affiliate of Lessor shall have any personal liability with respect to any provision of this Lease, or any obligation or liability arising hereunder or in connection herewith, and none of their assets (other than the Premises) shall be subject to levy, execution or other judicial process with the satisfaction of Lessee’s claims. Lessee shall look solely to the equity of the then owner of the Premises in the building and the real property (or if the interest of Lessor is a leasehold interest, Lessee shall look solely to such leasehold interest) for the satisfaction of any remedies of the Lessee in the event of a breach by Lessor of any of its obligations. Such exculpation of liability shall be absolute and without any exception whatsoever.
